North America - Trade in services

Trade in services (% of GDP)

Trade in services (% of GDP) in North America was 6.01 as of 2020. Its highest value over the past 50 years was 7.56 in 2012, while its lowest value was 2.67 in 1972.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1970 2.75
1971 2.74
1972 2.67
1973 2.82
1974 3.07
1975 3.05
1976 3.15
1977 3.14
1978 3.17
1979 3.16
1980 3.41
1981 3.51
1982 3.71
1983 3.55
1984 3.68
1985 3.62
1986 3.92
1987 4.16
1988 4.28
1989 4.37
1990 4.75
1991 4.90
1992 4.87
1993 4.87
1994 4.92
1995 5.07
1996 5.23
1997 5.29
1998 5.29
1999 5.33
2000 5.48
2001 5.19
2002 5.18
2003 5.23
2004 5.63
2005 5.74
2006 6.04
2007 6.51
2008 6.94
2009 6.85
2010 7.20
2011 7.48
2012 7.56
2013 7.49
2014 7.54
2015 7.37
2016 7.34
2017 7.50
2018 7.41
2019 7.37
2020 6.01

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments